Chevron (CVX) Stock Insights

CVX price $230.63 +2.40 +1.05%

Ticker
CVX
Price
$230.63
Change
+2.40 +1.05%
Market cap ?
$455.67B
P/E ?
21.80
Forward P/E ?
13.16
Dividend yield ?
3.09%
Beta ?
0.52
Sector
Energy
Industry
Oil & Gas Integrated
Stocklytics score
53
Value
54
Quality
45
Growth
60

Stocklytics score rationale: value 54, quality 45, growth 60.

Financials

2016201720182019202020212022202320242025
11021500000013467400000015890200000013986500000094471000000155606000000235717000000196913000000193414000000184432000000

Chevron Corporation functions as a global energy and chemicals powerhouse, orchestrating its diverse operations worldwide. The company's business is organized into two primary divisions: Upstream and Downstream. The Upstream segment focuses on the full lifecycle of crude oil and natural gas, from their initial exploration and development to production and subsequent transportation. This also encompasses the…

Fair value

CVX fair value $245.45. Price $230.63. Price is 6% below fair value.

Above fair value, and more expensive than usual. A larger premium than on 92% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 27.01B. Growth 8.69%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 1.98B. Net debt 34.47B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare CVX

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-10-30—4.86—61.33B
2026-07-316.065.5570.06B62.72B
2026-05-011.411.0048.61B51.86B
2026-01-301.521.4146.87B46.79B
2025-10-311.851.6948.17B48.94B
2025-08-011.771.7344.38B43.87B
2025-05-022.182.1647.61B48.25B
2025-01-312.062.4252.23B46.60B
2024-11-012.512.4248.93B48.86B
2024-08-022.552.9349.57B50.66B
2024-04-262.932.8746.58B48.42B
2024-02-023.453.2948.93B47.17B
2023-10-273.053.7551.92B47.79B
2023-07-283.082.9747.22B43.48B
2023-04-283.553.4148.84B47.89B
2023-01-274.094.3854.52B52.68B
2022-10-285.564.8163.51B60.26B
2022-07-295.825.1065.37B58.66B
2022-04-293.363.2752.31B47.95B
2022-01-282.563.1245.86B45.34B
2021-10-292.962.2142.55B40.40B
2021-07-301.711.5936.12B37.60B
2021-04-300.900.9031.08B30.48B
2021-01-29-0.010.0824.84B47.91B
2020-10-300.11-0.2924.00B60.02B
2020-07-31-1.59-0.9315.93B10.71B
2020-05-011.290.6429.70B25.54B
2020-01-311.491.4734.57B33.75B
2019-11-011.551.4534.78B32.48B
2019-08-021.771.8036.32B36.94B
2019-04-261.391.3034.19B30.45B
2019-02-011.951.8740.34B38.31B
2018-11-022.112.0642.10B41.19B
2018-07-271.782.0940.49B47.74B
2018-04-271.901.4835.97B28.03B
2018-02-020.731.2736.38B61.96B
2017-10-270.850.9833.89B39.30B
2017-07-280.910.8632.88B30.96B
2017-04-281.230.8531.52B21.93B
2017-01-270.210.6430.14B92.09B

Dividends

Yield 3.06%. Payout ratio 67.33%. Frequency Quarterly.

Safety score 82/100 · Safe. Payout ratio is 67% of earnings. Dividends use a moderate share of free cash flow. Dividends were paid in 50 separate years. Yield is 3.1%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-08-19$1.782026-08-192026-09-10Quarterly
2026-05-19$1.782026-05-192026-06-10Quarterly
2026-02-17$1.782026-02-172026-03-10Quarterly
2025-11-18$1.712025-11-182025-12-10Quarterly
2025-08-19$1.712025-08-192025-09-10Quarterly
2025-05-19$1.712025-05-192025-06-10Quarterly
2025-02-14$1.712025-02-142025-03-10Quarterly
2024-11-18$1.632024-11-182024-12-10Quarterly
2024-08-19$1.632024-08-192024-09-10Quarterly
2024-05-16$1.632024-05-172024-06-10Quarterly
2024-02-15$1.632024-02-162024-03-11Quarterly
2023-11-16$1.512023-11-172023-12-11Quarterly
2023-08-17$1.512023-08-182023-09-11Quarterly
2023-05-18$1.512023-05-192023-06-12Quarterly
2023-02-15$1.512023-02-162023-03-10Quarterly
2022-11-17$1.422022-11-182022-12-12Quarterly
2022-08-18$1.422022-08-192022-09-12Quarterly
2022-05-18$1.422022-05-192022-06-10Quarterly
2022-02-15$1.422022-02-162022-03-10Quarterly
2021-11-17$1.342021-11-182021-12-10Quarterly
2021-08-18$1.342021-08-192021-09-10Quarterly
2021-05-18$1.342021-05-192021-06-10Quarterly
2021-02-16$1.292021-02-172021-03-10Quarterly
2020-11-17$1.292020-11-182020-12-10Quarterly
2020-08-18$1.292020-08-192020-09-10Quarterly
2020-05-18$1.292020-05-192020-06-10Quarterly
2020-02-14$1.292020-02-182020-03-10Quarterly
2019-11-15$1.192019-11-182019-12-10Quarterly
2019-08-16$1.192019-08-192019-09-10Quarterly
2019-05-16$1.192019-05-172019-06-10Quarterly
2019-02-14$1.192019-02-152019-03-11Quarterly
2018-11-15$1.122018-11-162018-12-10Quarterly
2018-08-16$1.122018-08-172018-09-10Quarterly
2018-05-17$1.122018-05-182018-06-11Quarterly
2018-02-15$1.122018-02-162018-03-12Quarterly
2017-11-16$1.082017-11-172017-12-11Quarterly
2017-08-16$1.082017-08-182017-09-11Quarterly
2017-05-17$1.082017-05-192017-06-12Quarterly
2017-02-14$1.082017-02-162017-03-10Quarterly
2016-11-16$1.082016-11-182016-12-12Quarterly
2016-08-17$1.072016-08-192016-09-12Quarterly
2016-05-17$1.072016-05-192016-06-10Quarterly
2016-02-16$1.072016-02-182016-03-10Quarterly
2015-11-16$1.072015-11-182015-12-10Quarterly
2015-08-17$1.072015-08-192015-09-10Quarterly
2015-05-15$1.072015-05-192015-06-10Quarterly
2015-02-12$1.072015-02-172015-03-10Quarterly
2014-11-14$1.072014-11-182014-12-10Quarterly
2014-08-15$1.072014-08-192014-09-10Quarterly
2014-05-15$1.072014-05-192014-06-10Quarterly
2014-02-12$1.002014-02-142014-03-10Quarterly
2013-11-14$1.002013-11-182013-12-10Quarterly
2013-08-15$1.002013-08-192013-09-10Quarterly
2013-05-15$1.002013-05-172013-06-10Quarterly
2013-02-13$0.902013-02-152013-03-11Quarterly
2012-11-14$0.902012-11-162012-12-10Quarterly
2012-08-15$0.902012-08-172012-09-10Quarterly
2012-05-16$0.902012-05-182012-06-11Quarterly
2012-02-15$0.812012-02-172012-03-12Quarterly
2011-11-16$0.812011-11-182011-12-12Quarterly
2011-08-17$0.782011-08-192011-09-12Quarterly
2011-05-17$0.782011-05-192011-06-10Quarterly
2011-02-14$0.722011-02-162011-03-10Quarterly
2010-11-16$0.722010-11-182010-12-10Quarterly
2010-08-17$0.722010-08-192010-09-10Quarterly
2010-05-17$0.722010-05-192010-06-10Quarterly
2010-02-12$0.682010-02-172010-03-10Quarterly
2009-11-16$0.682009-11-182009-12-10Quarterly
2009-08-17$0.682009-08-192009-09-10Quarterly
2009-05-15$0.652009-05-192009-06-10Quarterly
2009-02-12$0.652009-02-172009-03-10Quarterly
2008-11-14$0.652008-11-182008-12-10Quarterly
2008-08-15$0.652008-08-192008-09-10Quarterly
2008-05-15$0.652008-05-192008-06-10Quarterly
2008-02-13$0.582008-02-152008-03-10Quarterly
2007-11-14$0.582007-11-162007-12-10Quarterly
2007-08-15$0.582007-08-172007-09-10Quarterly
2007-05-16$0.582007-05-182007-06-11Quarterly
2007-02-14$0.522007-02-162007-03-12Quarterly
2006-11-15$0.522006-11-172006-12-11Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-20Pate R. HewittBuy40.70K$132.695.40M
2026-10-20Pate R. HewittSell40.70K$226.659.22M
2026-10-20Pate R. HewittSell40.70K$132.695.40M
2026-10-19Pate R. HewittSell2.40K$132.69318.46K
2026-10-19Pate R. HewittBuy2.40K$132.69318.46K
2026-10-19Pate R. HewittSell2.40K$225.61541.47K
2026-08-28HEWSON MARILLYN ABuy213$201.8643.00K
2026-08-28WARNER CYNTHIA JBuy19$201.863.84K
2026-08-18Pate R. HewittSell2.47K$205.11506.62K
2026-08-17Moyo Dambisa FSell350——
2026-08-17Walz Andrew BenjaminBuy12.70K$132.691.69M
2026-08-17Walz Andrew BenjaminBuy4.10K$88.20361.62K
2026-08-17Walz Andrew BenjaminSell16.80K$201.063.38M
2026-08-17Walz Andrew BenjaminSell12.70K$132.691.69M
2026-08-17Walz Andrew BenjaminSell4.10K$88.20361.62K
2026-08-14Wirth Michael KBuy317.10K$88.2027.97M
2026-08-14Wirth Michael KSell306.79K$200.4461.49M
2026-08-14Wirth Michael KSell10.31K$201.052.07M
2026-08-14Wirth Michael KSell317.10K$88.2027.97M
2026-08-11GUSTAVSON JEFF BSell4.56K$113.01515.44K
2026-08-11GUSTAVSON JEFF BBuy4.63K$125.35580.75K
2026-08-11GUSTAVSON JEFF BBuy4.56K$113.01515.44K
2026-08-11GUSTAVSON JEFF BSell14.04K$194.952.74M
2026-08-11GUSTAVSON JEFF BBuy4.85K$117.24568.61K
2026-08-11GUSTAVSON JEFF BSell4.63K$125.35580.75K
2026-08-11GUSTAVSON JEFF BSell4.85K$117.24568.61K
2026-08-05Wirth Michael KSell5.55K$187.001.04M
2026-08-03HESS JOHN BSell2.24M——
2026-08-03HESS JOHN BBuy74.31K$138.1010.26M
2026-08-03HESS JOHN BBuy103.77K$98.7110.24M
2026-08-03HESS JOHN BSell174.82K$194.4233.99M
2026-08-03HESS JOHN BBuy117.50K$73.218.60M
2026-08-03HESS JOHN BSell25.18K$195.284.92M
2026-08-03HESS JOHN BSell90.03K$192.7517.35M
2026-08-03HESS JOHN BBuy243.71K$48.5111.82M
2026-08-03HESS JOHN BSell118.66K$193.2922.94M
2026-08-03HESS JOHN BBuy170.08K$55.369.42M
2026-08-03HESS JOHN BBuy439.79K——
2026-08-03HESS JOHN BSell271.95K$194.4852.89M
2026-08-03HESS JOHN BBuy8.10K——
2026-08-03HESS JOHN BSell30.03K$195.145.86M
2026-08-03HESS JOHN BSell55.51K$194.0710.77M
2026-08-03HESS JOHN BSell44.49K$194.508.65M
2026-08-03HESS JOHN BBuy9.12K——
2026-08-03HESS JOHN BSell170.08K$55.369.42M
2026-08-03HESS JOHN BSell243.71K$48.5111.82M
2026-08-03HESS JOHN BSell117.50K$73.218.60M
2026-08-03HESS JOHN BSell103.77K$98.7110.24M
2026-08-03HESS JOHN BSell74.31K$138.1010.26M
2026-05-27Huntsman Jon M JrBuy1.27K——
2026-05-27REED DEBRA LBuy1.27K——
2026-05-27WARNER CYNTHIA JBuy1.27K——
2026-05-27Umpleby III Donald JBuy1.27K——
2026-05-27Moyo Dambisa FBuy1.27K——
2026-05-27HORTON THOMAS WBuy1.27K——
2026-05-27HEWSON MARILLYN ABuy1.27K——
2026-05-27HESS JOHN BBuy1.27K——
2026-05-27HERNANDEZ ENRIQUE JRBuy1.27K——
2026-05-27Frank JohnBuy1.27K——
2026-05-27Austin Wanda MBuy1.27K——
2026-05-20HESS JOHN BSell117.84K$191.5222.57M
2026-05-20HESS JOHN BSell119.79K$192.8623.10M
2026-05-20HESS JOHN BSell59.05K$193.7911.44M
2026-05-20HESS JOHN BSell42.68K$194.658.31M
2026-05-20HESS JOHN BSell7.04K$195.971.38M
2026-05-20HESS JOHN BSell30.58K$196.746.02M
2026-05-20HESS JOHN BSell3.04K$197.45599.26K
2026-05-06Moyo Dambisa FSell780——
2026-05-06HESS JOHN BSell28.03K$183.905.15M
2026-05-06HESS JOHN BSell88.92K$184.6716.42M
2026-05-06HESS JOHN BSell78.05K$185.2114.46M
2026-03-30Pate R. HewittBuy40.20K$125.355.04M
2026-03-30Pate R. HewittSell40.20K$213.308.57M
2026-03-30Pate R. HewittSell40.20K$125.355.04M
2026-03-06Pate R. HewittBuy47.20K$113.015.33M
2026-03-06Pate R. HewittSell47.20K$192.129.07M
2026-03-06Pate R. HewittSell47.20K$113.015.33M
2026-03-02NELSON MARK ABuy77.00K$110.378.50M
2026-03-02NELSON MARK ABuy62.60K$113.017.07M
2026-03-02NELSON MARK ASell62.60K$188.1111.78M
2026-03-02NELSON MARK ASell77.00K$187.7614.46M
2026-03-02NELSON MARK ASell77.00K$110.378.50M
2026-03-02NELSON MARK ASell62.60K$113.017.07M
2026-03-02Wirth Michael KBuy182.10K$125.3522.83M
2026-03-02Wirth Michael KSell27.67K$188.015.20M
2026-03-02Wirth Michael KSell90.52K$113.0110.23M
2026-03-02Wirth Michael KBuy90.52K$113.0110.23M
2026-03-02Wirth Michael KSell86.33K$188.8216.30M
2026-03-02Wirth Michael KSell64.40K$189.6112.21M
2026-03-02Wirth Michael KSell3.70K$190.60705.22K
2026-03-02Wirth Michael KSell90.52K$190.0417.20M
2026-03-02Wirth Michael KSell182.10K$125.3522.83M
2026-03-02Walz Andrew BenjaminBuy5.00K$88.20441.00K
2026-03-02Walz Andrew BenjaminBuy6.60K$110.37728.44K
2026-03-02Walz Andrew BenjaminSell6.60K$188.561.24M
2026-03-02Walz Andrew BenjaminSell5.00K$88.20441.00K
2026-03-02Walz Andrew BenjaminSell5.00K$188.61943.05K
2026-03-02Walz Andrew BenjaminSell6.60K$110.37728.44K
2026-03-02HEWSON MARILLYN ABuy205——
2026-03-02WARNER CYNTHIA JBuy20——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 4.26K, holders -163 vs prior quarter. Ownership 76.36%.

HolderSharesChangeChange %Value
BLACKROCK, INC.154.82M10.10M+6.98%25.66B
STATE STREET CORP148.45M-4.69M-3.06%24.61B
VANGUARD CAPITAL MANAGEMENT LLC122.90M415.40K+0.34%20.37B
BERKSHIRE HATHAWAY INC84.38M00.00%13.99B
GEODE CAPITAL MANAGEMENT, LLC44.54M858.71K+1.97%7.35B
VANGUARD PORTFOLIO MANAGEMENT LLC42.48M163.16K+0.39%7.04B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC37.71M1.60M+4.42%6.25B
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.37.71M37.71MNew6.25B
MORGAN STANLEY36.05M-796.02K-2.16%5.98B
BANK OF AMERICA CORP /DE/27.21M-424.77K-1.54%4.51B
NORGES BANK22.96M22.96MNew3.81B
AMERIPRISE FINANCIAL INC19.72M2.56M+14.94%3.27B
JPMORGAN CHASE & CO19.04M-1.30M-6.39%3.21B
NORTHERN TRUST CORP19.35M-922.78K-4.55%3.21B
PRICE T ROWE ASSOCIATES INC /MD/17.57M-1.46M-7.65%2.91B
WELLS FARGO & COMPANY/MN17.54M-494.22K-2.74%2.91B
FISHER ASSET MANAGEMENT, LLC16.66M-5.23M-23.89%2.76B
FRANKLIN TEMPLETON INC15.44M-181.62K-1.16%2.56B
INVESCO LTD.15.19M-472.05K-3.01%2.52B
BANK OF NEW YORK MELLON CORP14.35M-581.83K-3.90%2.38B
GOLDMAN SACHS GROUP INC14.15M2.77M+24.38%2.34B
AMUNDI13.90M1.71M+14.07%2.30B
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO13.33M00.00%2.21B
DIMENSIONAL FUND ADVISORS LP13.14M-208.91K-1.56%2.18B
FMR LLC13.04M-4.23M-24.47%2.16B

Insights

Revenue by product
PeriodValue
FY2011All Other Segments: 1644000000.0, Downstream: 214299000000.0, Upstream: 82836000000.0
FY2012All Other Segments: 1730000000.0, Downstream: 204462000000.0, Upstream: 77198000000.0
FY2013Corporate and Other, Including Intersegment Eliminations: 1916000000.0, Downstream: 195034000000.0, Upstream: 75558000000.0
FY2014Corporate and Other, Including Intersegment Eliminations: 1758000000.0
FY2015Corporate and Other, Including Intersegment Eliminations: 1555000000.0
FY2016All Other: 146000000.0, Downstream: 86754000000.0, Upstream: 16410000000.0
FY2017All Other: 209000000.0, Downstream: 106166000000.0, Upstream: 21110000000.0
FY2018All Other: 236000000.0, Downstream: 125597000000.0, Upstream: 33069000000.0
FY2019All Other: 246000000.0, Downstream: 107912000000.0, Upstream: 31707000000.0
FY2020All Other: 77000000.0, Downstream: 68083000000.0, Upstream: 26311000000.0
FY2021All Other: 124000000.0, Downstream: 111490000000.0, Upstream: 43992000000.0
FY2022All Other: 116000000.0, Downstream: 172308000000.0, Upstream: 63293000000.0
FY2023All Other: 133000000.0, Downstream: 151038000000.0, Upstream: 45742000000.0
FY2024All Other: 132000000.0, Downstream: 146434000000.0, Upstream: 46848000000.0
FY2025All Other: 104000000.0, Downstream: 130876000000.0, Upstream: 53452000000.0
Revenue by region
PeriodValue
FY2011Excise and Similar Taxes: 3886000000.0, Segment, Geographical, Groups of Countries, Group Two: 123221000000.0, United State Include Excise and Similar Taxes: 4199000000.0, United States: 91078000000.0
FY2012Excise and Similar Taxes: 3346000000.0, Segment, Geographical, Groups of Countries, Group Two: 116705000000.0, United State Include Excise and Similar Taxes: 4665000000.0, United States: 87757000000.0
FY2013International: 109931000000.0, United States: 85103000000.0
FY2014International: 146186000000.0, United States: 103243000000.0
FY2015International: 85878000000.0, United States: 67133000000.0
FY2016International: 59651000000.0, United States: 43659000000.0
FY2017International: 74648000000.0, United States: 52837000000.0
FY2018International: 93106000000.0, United States: 65796000000.0
FY2019International: 79858000000.0, United States: 60007000000.0
FY2020International: 57446000000.0, United States: 37025000000.0
FY2021International: 86504000000.0, United States: 69102000000.0
FY2022International: 128355000000.0, United States: 107362000000.0
FY2023International: 108198000000.0, United States: 88715000000.0
FY2024Global: 132000000.0, International: 107970000000.0, United States: 85312000000.0
FY2025Downstream Segment: 72485000000.0, Upstream Segment: 45518000000.0

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Chevron (CVX) Stock Insights

CVX$230.63+2.40 +1.05%

$455.67B

Market Cap

21.80

P/E

13.16

Forward P/E

53

Score

Price History